Author: Arabian Media staff
This article is an on-site version of our Moral Money newsletter. Premium subscribers can sign up here to get the newsletter delivered three times a week. Standard subscribers can upgrade to Premium here, or explore all FT newsletters.Visit our Moral Money hub for all the latest ESG news, opinion and analysis from around the FT Welcome back.Elon Musk may be gone from Washington, but the severe cuts he spearheaded to US aid spending are set to stay. Rather than stepping in to fill the gap, other rich nations — notably the UK — have been making big cuts of their…
A revived AI trade and $1 trillion of buybacks will helped lift the stock market Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Shares in Japanese hotel developer turned bitcoin investor Metaplanet soared on Monday after it unveiled plans to raise about $5.4bn to add to its already large stockpile of the cryptocurrency.The company said on Friday it wanted to raise the funds to increase its bitcoin holdings more than twenty fold to 210,000 by the end of 2027, a hoard of 1 per cent of the total supply of the cryptocurrency that would be worth $22bn at current prices.The Japanese group underwent “a strategic…
Image: Supplied Etihad Airways and Ethiopian Airlines on Monday announced a new codeshare partnership, as part of a broader plan to implement a joint venture that was announced in March 2025. From 15 July, Ethiopian Airlines will begin flights between Addis Ababa Bole International Airport and Abu Dhabi’s Zayed International Airport. Etihad will follow with daily services to Addis Ababa from 8 October. The codeshare allows passengers to book a single itinerary with one check-in and baggage transfer, while providing access to more than 75 destinations across both networks. Etihad customers will gain access to Ethiopian’s African network, including destinations…
Despite positive data points, trust between the planemaker and its shareholders, customers and regulators remains fragile Source link
“She shops with coupons at TJ Maxx.” Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Starbucks will cut the prices of several iced and tea-based drinks in China, as the coffee chain grapples with heated competition in its second-biggest market.The Seattle-based company said in a social media post on Monday it would reduce the prices of products, including tea lattes and frappucinos, by an average of Rmb5, taking the price of certain drinks to Rmb23 ($3.20).Businesses in Chinese consumer sectors from cars to food and beverage have been under pressure to lower prices amid a weaker economic…
Baird analysts cut Tesla to neutral from outperform, citing uncertainty tied to Musk’s politics and overly optimistic expectations for robotaxis. Source link
Image: Supplied The GCC is making bold strides toward a more sustainable future, with companies increasingly prioritising environmental, social, and governance (ESG) factors. Yet a critical challenge looms: the widening green skills gap threatens to slow momentum and hinder the region’s ambitious goals. Organisations across the region are recognising the need to scale their ESG capabilities, not only to build long-term resilience, but also to drive value creation. At the same time, governments are rolling out national net-zero agendas and introducing new regulatory frameworks to accelerate ESG adoption. There is a growing consensus that strong ESG performance is essential for…
Image credit: Getty Images The UAE has recorded a 344 per cent year-over-year increase in Generative AI (GenAI) enrollments, significantly outpacing the MENA regional average of 128 per cent and the global average of 195 per cent. The findings are based on the Global Skills Report 2025 from Coursera, a leading online learning platform with over 170 million users worldwide. Read-UAE ranks in top 10 nations with most AI firms per capita The report highlights the UAE’s growing emphasis on future-ready talent, with 87 per cent of employers in the country prioritising technology literacy, AI, and big data skills. The…